14 Princes Hwy, Norlane is a 2 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 693m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Presenting a profoundly unique opportunity for investors and developers to secure a prime piece of real estate in the heart of the explosively booming suburb of Norlane. Three separately titled properties being sold either individually or as one entity (with a total of 2,007m2 approx.)
Ripe for the new purchaser to develop into a multi-unit site or retain the 2 separate dwellings and construct additional townhouses in the rear (STCA). The homes are currently tenanted offering practical floor plans both with extensive rear yards.
10 Princes Highway, Norlane comprises of 2 bedrooms in the home with a spacious lounge, bathroom, meals area and kitchen on a 619m2 (approx.) allotment.
12 Princes Highway, Norlane is a vacant 694m2 (approx.) allotment.
14 Princes Highway, Norlane comprises of 3 bedrooms in the home with a spacious lounge, bathroom, meals area and kitchen on a 694m2 (approx.) allotment.
Capitalise on this incredible prospect boasting multiple concepts for the new purchaser (STCA). Brilliantly located opposite Bunnings, adjacent the Norlane Hotel, close to North Shore train station, public transport and an easy commute to Melbourne as well as the Geelong's CBD.
The size of Norlane is approximately 5.0 square kilometres. There are 10 parks, covering nearly 8.5% of the total area. The population of Norlane in 2016 was 8306 people. By 2021 the population was 8682 showing a population growth of 4.5% in the area during that time. The predominant age group in Norlane is 20-29 years. Households in Norlane are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Norlane work in a labourer occupation.In 2021, 41.40% of the homes in Norlane were owner-occupied compared with 43.40% in 2016.
Norlane has 5,547 properties. Over the last 5 years, Houses in Norlane have seen a 27.28% increase in median value, while Units have seen a 25.35% increase. As at 30 June 2026:
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